can it be that they intentionally push all sale profits to next quarter out in March 2021, due to much better market sentiment in March 21 along with much better economy recovery in US and Australia in next quarter and ahead...
the YoY comparison will not be super attractive if they put most of sales profit now, due to record high earning for last year same Quarter. But if they defer the sales profit to next Quarters, the YoY will be super improving, and market sentiment would be much better sometimes in March21, and that would be better timing for them to push up the share price?
Maybe now still not the best timing yet to bet on all sales profit now, due to Covid and Brexit? next financial year Q1,2, will be much better to show their card? so that it is actually worth waiting for another few more months?
i3luerker, so your thoughts is that the share price will be kept low and low for the major shareholder to gain profit by selling short? But there is no transaction being shown for past few years related to major share holder?
having read thru the QR, it not as bad as it see la. As investor, of course i want fast money. Fast in and fast out to regain my capital. But as ewint management, they are looking at long term sustainability. I think the company future does look promising. Today price up down not sure la. But if it drop to 0.40 and below, then mayb will buy some again and this is solely bet on tan sri reputation.
Sell, or Keep, guys, think carefully. Analyze on own, do not get affected by those who keep shouting to sell, they shout to sell, as they waiting at bottom to buy yours shares.
I do not want to follow their calls, we analyze on own, study own risk, and take own decision, never get affected by those keep shouting to sell.
Those who keep shouting to sell, they are waiting to buy yours shares at lowest value...and making us all losing money immediately. Do not fall in trap.
If your buying price is lower than now, make own decision to cash out to take profit, or waiting for rebound to cash out at higher price, analyze and study own risk factors...
If your buying price much higher than current price, honestly I am one of them, do you want to sell it to let the price drop further due to market fear, and benefit those who shout to sell, to take your shares at much lower price? I will not do it.
I will never want to sell at market panic, following those who shout to short or sell, I do not want to be puppet to be influenced by those who shout "buy" or "sell", for thier own interest....
Guys, follow own analysis...do not get affected. Be smart, be wise.
Though on paper loss, I do not want to follow those who shout sell coz they are shouting for own interest.
One thing I will try not to do...Do not sell at market panic, sell when market rebound...same, do not chase too high...
Warren buffet famous Quote: Be greedy when people r fear, Be alert when the market is going too hot and fast. How many time we have seen it happening and we keep repeating same mistake to sell during market fear, to allow others to take advantages of our fear.
Ewint used to be 43sen~ and rebound to 60 sen++....Do we want to sell at 46 sen here, and miss it if it rebound in 2-3 months time?
If you have holding power, buy some more at this low to average down the cost... Now people fear, it is timing to slowly buy some. average down the our own buying price.
And another thoughts here, I will really not want to sell it at this moment, where the economy in UK and Australia is rebounding, Covid is at the tunnel end with Vaccination starts. Brexit deal is around the corner...I would be regretting to sell my Ewint share at loss, at the very bottom, during panic market fear, due to some correction...to others who are waiting my shares at lower and lower share price...I will not do this...Guys..please analyze and consider to sell now...at the time of market recovery is going on.
@Kinuxian Tq. Ewint is hopeful with this development. Hope it repays those who invested in IPO...I am one of them..Though i averaged down quite some during Covid...but still some far off from current share price...I really hope it will reward all us handsomely!
Yes, Drkelvin20 and kenuxian, both of you are man and have safe Ewwint not to fall further. That was the fact and value of company actually. Don't know Why ppl shout to sell because of just the company delay of paying the dividen? Why need to sell while the company sales is increasingly and the outlook is good? Many property stock are struggling out there to find 3.7billion sales. I believe the the next QTR could reported more revenue and dividend. Maybe EWINT will give special dividend to reward us. maybe 100 pound = RM 546 per lot (1000 unit) at least. if that happen, the price will shoot to 1.50.
The best is yet to come. The devil is in the detail. First they secured RM1.4 bil of sales for FY20, with RM448 mil sales for Q4 2020, being their strongest quarterly sales. This affirms the growing demand for properties in UK despite of Brexit. For FY21, projected sales of RM2.2 bil (57% higher than FY20) will be added to future revenue.
And with completion of Yarra One by Q1 21, bulk of portfolio of projects in the pipeline as stated in the IPO back in 2017 have been completed. Next quarter, solely on Yarra One, Ewint will recognise RM728.3 of revenue and approximately RM100 mil of profit. Including other handovers from its existing UK projects it is going to achieve one of the highest profits ever.
Its share price of the Company has been on downtrend due to multiple whammies; possibility of Brexit with no deal, delays in handover of projects, disappointment of financial results, recent merger between UEM – EcoWorld that might affect its shareholding structure, delays of dividend declaration and uncertainties of new projects and prospects going forward. However, it doesn't mean that Ewint is not doing well. It is delaying its fruit harvesting event to a year later.
But if you are making comparison to what they promised in the prospectus back in 2017, they are doing it. Just that their plans have been delayed by events beyond their control i.e. Brexit, Covid
Remember that pound sterling now at 2-year high. Their cash and bank balances and amount owing by joint ventures of RM2.5 bil are predominantly in pound sterling.
Tq @Kinuxian@Fortunemaster@Survivor13@Turbo8672@Warchest. Good to know some more interesting infos and facts on Ewint. That strengthens our faith in this stock.
What we do here is to share our thoughts and analysis on this stock, We would share our ideas and findings to encourage fellow investors and to help all to analyze wisely, so that we would not easily get affected by those short-seller who shout on fear to get us to sell our shares on loss and they are buying at low end, taking advantages from our fear during market panic.
I am one of early investor during IPO, and my average buying price is still far from tpday share price, and I am holding on it...I am taking the advices and info given here, which are facts.
IN addition, I am having faith, because I believe the founder LKS, will definately revive this stock, since there are just too many big tycoons invested on him on this stocks back in 2017, and this include one of most prominent bankers in Malaysia. We can find this info in the major shareholder details in
This banker through his Land Realty film, still holding on with huge orginal investment capital in Ewint.
Therefore I am sure the best is still yet to come, it didn;t come now, due to Brexit talk, and Covid resurgence in UK. BUt guys, vaccination started already in UK and Australia revoked the lock down in Victoria/Melbourn sometimes in Sep/October20, and next Quarters should be much more promising, both in UK and Australia. The Honkong people are moving to UK and Australia, this can elevate the sales significantly and contribute to revenue and profits. Lets keep tight, be patient to witness the revival of this stock to >RM1.2.
Uem had disposing their Aus property in 2016 for A58mil although it make some gain on it but overall it still seem not so promising in term of their Aus expansion property development market. My personal view (might be incorrect) the uem merger with ecoworld (one of the major shareholder of ewint) beside of strategic partnership, future revenue, gearing improvement and ecoworld fladship in Malaysia market, they maybe also considering any possibility of current and future JV project in Aus with "ewint", as uem have just acquired a mix-use development land in Aus in 24th June 2020 for Au$43mil. Its seem that the new site forms parts of their broader expansion strategy for uem sunrise and continue its active presence in the Aus market. As for ewint since they have landed their ground in Aus and also has showned active and promising result, both this 2 company have huge possibility and future potential.
Tan81, if lockdown, ppl need more comfortable home to do daily work. why need to sell while knowing Ewint is selling property in UK. ppl are buying property from EWINT in UK.
Thank you@CWYeong for keep shouting & spreading the negative news for price dropping and created a panic atmosphere to others, otherwise some of us really won't be able to add in more to average down our cost. I guess you might also bought quite a lot. Good job and well done man.
Latest Brexit deal hopeful... No 10 fishing offer to EU raises hopes of Brexit deal before Christmas UK negotiators reduce demand for EU catch reduction, potentially unlocking sticking point in talks
@CWYeong, I don't understand and I do not agree shouting negative news to try bring down the market and try create a panic atmosphere to scare retail investors to sell out, so that some people can buy at lower and lower from those making huge loss.
It is like stepping on others wound to climb up...and @CWYeong, you judge yourself if this is good thing to do?!
In my mindset, we should create hopeful market sentiment, based on study, analysis etc... If you know the market panic is temporarily and rebound in sight soon or later, and still you try shouting hard to scare retailers away with hopes to buy at low...it is like stepping on others wound to progress, do you think this is kind and good will?
Its ok to give study analysis, advices, and own opinion on buy or sell call, if you really mean it. But other wise, you are doing something that is bad. And the little money you earned from buying low from those scared and feared retailers, are these happy profit/money??
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CWYeong
304 posts
Posted by CWYeong > 2020-12-17 16:39 | Report Abuse
TP 0.4, come back to papa pls